Share Transfers Agreed/Cooling off period

Here's an interesting take on two clubs that went bust

http://www.airdriefc.com/news/2013/07/rangersmatch.html


It clearly says Airdrieonians v Rangers, not Airdrie Utd v The Rangers. Each with the same club crests as their previous incarnations.

There is also a page on their website listing the honours of Airdrieonians back to their formation in the 19th century.


(The) Rangers did indeed have to start life in the 3rd Division and will miss out on money earned in European competition. However, they managed to shed tens of millions in debt, which is likely as much if not more than they would have earned in Europe any way (no guarantees of European progress).

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Originally Posted by Spike Mandela

Give me 10 years of signing better quality players, two Scottish cups, second place, Champions league qualifiers, Europa group stages, regular European qualification and regular top six finishes and I would take a 15 pt deduction, dearer season tickets and a potential relegation, Aye, especially if it meant my club was then debt free.

In the funfair of life it's more exciting to be on the roller coaster with it's ups and down rather than the carousel which just goes round and round.:greengrin

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All that is in the past. Right now, if they have a future at all it's paying way over the odds for sub-standard football. Hibs on the other hand are in a position where they should be challenging for all of the above without suffering the humiliation that's being visited on the yams and huns just now. The fact that they're not is not about the amount of money they're spending.

And the yams won't be debt free if they survive.

The new Rangers won't be in debt anytime soon as they will not find anyone stupid enough to lend to them. They will need to go back to the fans soon or face massive cost cutting to avoid the new club entering administration.

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Originally Posted by Caversham Green

All that is in the past. Right now, if they have a future at all it's paying way over the odds for sub-standard football. Hibs on the other hand are in a position where they should be challenging for all of the above without suffering the humiliation that's being visited on the yams and huns just now. The fact that they're not is not about the amount of money they're spending.

And the yams won't be debt free if they survive.

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LOL, that's funny, from any Hibs fan.

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Originally Posted by jgl07

Rangers may be claiming their full history but Airdrie United did not claim their history (such that it was!) when the new club was constituted. They have now changed their name to Airdrieonians but I suspect it is too late to claim their history.

At the time it was claimed that Airdrie United could not buy their club's history nor their crest and logos unless the debt on liquidation was cleared. It appears that legal opinion is different when it comes to Rangers!

As for (the) Rangers having no debt, that is a purely temporary state of affairs. They will likely as not soon run into serious debt unless they can cut costs or increase revenue dramatically. I can't see a year in the second division (League One) will be much better than last year in the third division. Even next season in the Championship will offer little financial reward on the scale that (the) Rangers need.

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Airdrie didn't constitute a new club, they took over Clydebank.

The New Huns are only debt free because nobody is mad enough to lend them any money. They will need additional funding if they are going to see out this season.

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Originally Posted by Caversham Green

My point was though, that if HoMFC had escaped administration, as most on here were predicting when the thread started, the complaints would actually be less bitter than they are now.

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I reserve the right to remain extremely bitter, about the Gorgie mob's shennanigans:cb not long until the magical 1000 pages on this thread. all hail Mikey:not worth

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Originally Posted by Caversham Green

Just under a year ago HoMFC fans paid over £1m and got nothing in return and if reports are accurate, 7,000 of them are paying at least £120 a year on top of their season/match tickets. I reckon that equates to £600-£700 for a season ticket, and their team is right at the bottom of the league with little hope of improvement for the next few seasons, IF they survive. Would you really like Hibs to go down that route?

My point was though, that if HoMFC had escaped administration, as most on here were predicting when the thread started, the complaints would actually be less bitter than they are now.

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I'd suggest that the comments are angrier because administration has publicised the extent of their.lying, cheating and thieving.

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Originally Posted by Caversham Green

All that is in the past. Right now, if they have a future at all it's paying way over the odds for sub-standard football. Hibs on the other hand are in a position where they should be challenging for all of the above without suffering the humiliation that's being visited on the yams and huns just now. The fact that they're not is not about the amount of money they're spending.

And the yams won't be debt free if they survive.

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They're not being humiliated. They're the darlings of the media, poor wee souls.

Hopefully they just die. Horrible club, horrible fans, horrible way they treat charities.

Just to confirm what has happened so far before the next millennium of pages commences. October last year Hearts (re)started to not pay wages.

By Christmas they were regularly not paying wages, stealing kid’s Christmas presents, having a non-share flotation, getting an advance on transfer fees and having cake sales. Barry Anderson says all is well and they are self sufficient.

Come end of season Vlad has exited the scene leaving debris all over the place, they have sold 7k season tickets and they along with all (non)share proceeds have disappeared. All Vlad’s assets are frozen and he goes ill or takes a swim in the sea in Russia. Bakers in the Gorgie area begin to struggle as amateur bakers compete for their sales. FoH emerge as the good guys in tow with an MP and the press charm offensive takes full charge. David Southern somehow remains a “good guy” despite being involved in it up to his neck.

After the club go into administration with points being deducted Supporters have to buy another 4k of season tickets as the other money is lost as well as charity funds, MacCreas Battallion, NHS and numerous small businesses all taking a hit, signing embargo put in place, Fatty Foulkes threatens Lithuania with loss of the EEC chair. Garry pees on a couple of reporters to keep them sweet. Barry Anderson admires supporters for all their efforts.

Season ticket sales are not enough so fans are asked to start paying money by Direct Debit, bus companies are begged to provide transport for pre-season friendlies as they can’t afford to stage matches at home. After seeing off a couple of other nobodies FoH are stated as preferred bidders. Barry highlights how steps are painted and the Hearts First World War heroes are pushed to the fore to show what a great institution Hearts are.

Season starts with a gubbing for the new Hearts Heroes at St Johnstone, they then fluke a win against Hibs in one of the worst derbies ever. Hearts continue to get players sent off, rely on a fan to fund their appeal and manage to get 8 points from their first 8 games. Despite claiming they will be past us by October they are not even close to the team in second bottom who manage a2^nd draw of the season on the last day of the month. Still unable toget out of administration they slap a gagging order on Ian Murray as even they realise he is an embarrassment and unveil a plaque about their first World War heroes reminding everyone that they are really the good guys. Their sell out crowds drop from 16,600 against Hibs to 8,300 against QoS. They get excited about drawing Hibs in the league cup, not because they think they can beat us but the money will help them survive. Even Barry can’t spin a good story. All is not well despite what people will have you believe.

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Originally Posted by PatHead

Just to confirm what has happened so far before the next millennium of pages commences. October last year Hearts (re)started to not pay wages.

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You forgot about the pride at getting pumped off Celtic. #vewypwoud

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Originally Posted by PatHead

Just to confirm what has happened so far before the next millennium of pages commences. October last year Hearts (re)started to not pay wages.

By Christmas they were regularly not paying wages, stealing kid’s Christmas presents, having a non-share flotation, getting an advance on transfer fees and having cake sales. Barry Anderson says all is well and they are self sufficient.

Come end of season Vlad has exited the scene leaving debris all over the place, they have sold 7k season tickets and they along with all (non)share proceeds have disappeared. All Vlad’s assets are frozen and he goes ill or takes a swim in the sea in Russia. Bakers in the Gorgie area begin to struggle as amateur bakers compete for their sales. FoH emerge as the good guys in tow with an MP and the press charm offensive takes full charge. David Southern somehow remains a “good guy” despite being involved in it up to his neck.

After the club go into administration with points being deducted Supporters have to buy another 4k of season tickets as the other money is lost as well as charity funds, MacCreas Battallion, NHS and numerous small businesses all taking a hit, signing embargo put in place, Fatty Foulkes threatens Lithuania with loss of the EEC chair. Garry pees on a couple of reporters to keep them sweet. Barry Anderson admires supporters for all their efforts.

Season ticket sales are not enough so fans are asked to start paying money by Direct Debit, bus companies are begged to provide transport for pre-season friendlies as they can’t afford to stage matches at home. After seeing off a couple of other nobodies FoH are stated as preferred bidders. Barry highlights how steps are painted and the Hearts First World War heroes are pushed to the fore to show what a great institution Hearts are.

Season starts with a gubbing for the new Hearts Heroes at St Johnstone, they then fluke a win against Hibs in one of the worst derbies ever. Hearts continue to get players sent off, rely on a fan to fund their appeal and manage to get 8 points from their first 8 games. Despite claiming they will be past us by October they are not even close to the team in second bottom who manage a2^nd draw of the season on the last day of the month. Still unable toget out of administration they slap a gagging order on Ian Murray as even they realise he is an embarrassment and unveil a plaque about their first World War heroes reminding everyone that they are really the good guys. Their sell out crowds drop from 16,600 against Hibs to 8,300 against QoS. They get excited about drawing Hibs in the league cup, not because they think they can beat us but the money will help them survive. Even Barry can’t spin a good story. All is not well despite what people will have you believe.

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Amen!

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Originally Posted by Treadstone

You forgot about the pride at getting pumped off Celtic. #vewypwoud

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Sorry, not proud of not remembering their pwide at a pumping.

Gary McKay taking out £975 in an envelope this morning from Bank of Scotland at Dalry/Gorgie Road.

Must be royalties on his autobiography.

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Originally Posted by magpie1892

Gary McKay taking out £975 in an envelope this morning from Bank of Scotland at Dalry/Gorgie Road.

Must be royalties on his autobiography.

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I think that was the gate money from his testimonial match.

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Originally Posted by Peevemor

I think that was the gate money from his testimonial match.

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At least he's got his medals...:aok:

David Southern asked him for £975 to buy poppies

The envelope was white, which was surprising.

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Originally Posted by Thecat23

Hopefully they just die. Horrible club, horrible fans, horrible way they treat charities.

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Can't say fairer than that now can we.

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Originally Posted by Aldo

Can't say fairer than that now can we.

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I know someone with a similar speech iimpediment.

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Originally Posted by Spike Mandela

Give me 10 years of signing better quality players, two Scottish cups, second place, Champions league qualifiers, Europa group stages, regular European qualification and regular top six finishes and I would take a 15 pt deduction, dearer season tickets and a potential relegation, Aye, especially if it meant my club was then debt free.

In the funfair of life it's more exciting to be on the roller coaster with it's ups and down rather than the carousel which just goes round and round.:greengrin

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100% agree with you. The punishment is no where near severe enough to discourage other teams for doing the same, yet many on this Board think good old financial prudence (with minimal success and less than mediocre football) is the preferable rout. IMHO most are kidding themselves. The only unknown is the medium to long term impact on the Yams. They might well still implode, lose their ground and get banished to lower league football at which point I might change my view, but as things stand today they're getting away with the biggest financial crime in Scottish football - and the media and non-Hibs fans are feeling sorry for them.

Rangers lose £14million-very careless.

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Originally Posted by Peevemor

I know someone with a similar speech iimpediment.

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Thorry. But ?? ;-)

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Originally Posted by Aldo

Thorry. But ?? ;-)

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For some reason this really, really made me laugh. :D

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Originally Posted by Thecat23

For some reason this really, really made me laugh. :D

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Theres every chance you laughing at that will upset someone on here if the past few days are any guide!

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Originally Posted by Onion

100% agree with you. The punishment is no where near severe enough to discourage other teams for doing the same, yet many on this Board think good old financial prudence (with minimal success and less than mediocre football) is the preferable rout. IMHO most are kidding themselves. The only unknown is the medium to long term impact on the Yams. They might well still implode, lose their ground and get banished to lower league football at which point I might change my view, but as things stand today they're getting away with the biggest financial crime in Scottish football - and the media and non-Hibs fans are feeling sorry for them.

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As someone with normal to thin skin, if I were in Jambo shoes, I could never have stomached the stigma and shame of my club's outrageous behaviour. Perversely, however, those with thick skin and no social conscience, ie most Jambos, have undoubtedly enjoyed more for their money than us over the last seven years.

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Originally Posted by HUTCHYHIBBY

Theres every chance you laughing at that will upset someone on here if the past few days are any guide!

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Guilty as charged ma lord Blind fold on and up against the wall. ;-)

(And btw your no far wrong)

Credit to all the recent posters above. You're a demanding crowd. It's approaching the 12 month anniversary of near daily humiliations for Hearts, and you're still baying for blood!

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Originally Posted by jacomoseven

Credit to all the recent posters above. You're a demanding crowd. It's approaching the 12 month anniversary of near daily humiliations for Hearts, and you're still baying for blood!

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I doubt there is a single Hearts fan that feels remotely humiliated. Quite the reverse in fact, most are pompous,bullish and arrogant about their plight. Siege mentality and all that.

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Originally Posted by Spike Mandela

I doubt there is a single Hearts fan that feels remotely humiliated. Quite the reverse in fact, most are pompous,bullish and arrogant about their plight. Siege mentality and all that.

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congrats on being the 1000

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Originally Posted by eastterrace

congrats on being the 1000

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Why, thank you. I'm honoured.:greengrin